IBERSOL | 2019 Annual Report

Consolidated Financial Statements 18.2.1 Deferred tax assets Deferred tax assets on 31st December 2019 and 2018, according to jurisdiction and the temporary differences that generate them, are broken down as follows: Deferred tax assets Spain Reportable fiscal losses 2 674 199 IFRS16 2 980 549 Temporary differences in Spain -1 999 793 Homogenization of tangible fixed assets and intangible assets -650 959 Other temporary differences (1) 1 006 944 4 010 940 (1) amount referring essentially to the impairment of accounts receivable, leasing, pension plan and tax benefits. Fiscal reports and its deferred tax assets by jurisdiction are as follows: Limit year of use unlimited unlimited unlimited unlimited unlimited unlimited unlimited Total Start year 2002/04 2005 2006 2007/08 2016 2016 2019 Spain with deferred tax (25%) 11 330 479 654 523 328 46 440 3 212 698 26 224 6 397 116 10 696 791 without deferred tax 30 291 - - - - - 30 291 41 621 479 654 523 328 46 440 3 212 698 26 224 6 397 116 10 727 082 Deferred tax assets Spain 2 833 119 914 130 832 11 610 803 174 6 556 1 599 279 2 674 198 2 833 119 914 130 832 11 610 803 174 6 556 1 599 279 2 674 199 * fiscal reports are prior to the tax group in Spain, except for the year 2018 and 2019.. 272